Economy:1-1-09 Microsoft planning big layoffs for January?

[Capt Caveman]

Originally posted by: dmcowen674

Originally posted by: Skoorb

Originally posted by: dmcowen674

Originally posted by: Xavier434

Originally posted by: dmcowen674

Originally posted by: Xavier434
Nah, I wouldn't worry so much about everyone's rates going up.

Well fuvk already at 32%, how much higher do they want to go?

Uhhhh get a new CC and transfer that balance. Why are you allowing your debt to remain on that card with all of the offers out there?

Not allowed, most have a $3,000 transfer limit

None of my cards do, so I imagine it's not most. Furthermore, the average APR for credit cards across the country is not even 15%, let alone 32%.

Be late or miss just once and see what happens.

It's called Universal Default.

Miss or late on one and they all jack up the rate to 32%

Sounds like you have shit credit due to poor financial management.

I could care less what the interest rate is on my cards since I pay them off at the end of every month. I have also never made a late payment on multiple credit cards, mortgages, etc. I also have no limits on any of the credit card transfer offers I receive. And I have received $1000s in cash back for using my credit cards.

 

[TheSlamma]

Originally posted by: Skoorb
Yikes, 15 years of steady employment and no savings or anything? Fail.

Exactly.. just another grasshopper.

Originally posted by: Capt Caveman
I could care less what the interest rate is on my cards since I pay them off at the end of every month. I have also never made a late payment on multiple credit cards, mortgages, etc. I also have no limits on any of the credit card transfer offers I receive. And I have received $1000s in cash back for using my credit cards.

:thumbsup:

 

[Xavier434]

Originally posted by: Skoorb
They do have benefits, but I think that they encourage an appetite for consumerism that does this culture a disservice.

They are double edged swords. They are wonderful things for responsible people and a plague for the irresponsible. However, there are a million and one things like that in America. Whenever the government or business tries to take such things away or restrict them too much people start screaming about how the government is taking away their freedom blah blah blah. No one is ever satisfied it seems.

 

[StageLeft]

Originally posted by: Xavier434

Originally posted by: Skoorb
They do have benefits, but I think that they encourage an appetite for consumerism that does this culture a disservice.

They are double edged swords. They are wonderful things for responsible people and a plague for the irresponsible. However, there are a million and one things like that in America. When ever people try to take such things away or restrict them too much people start screaming about how the government is taking away their freedom blah blah blah. No one is ever satisfied it seems.

Yeah it's an idle thought; they are here to stay, for sure.

 

[dmcowen674]

Originally posted by: Capt Caveman

Sounds like you have shit credit due to poor financial management.

I could care less what the interest rate is on my cards since I pay them off at the end of every month.

I have also never made a late payment on multiple credit cards, mortgages, etc.

I also have no limits on any of the credit card transfer offers I receive.

And I have received $1000s in cash back for using my credit cards.

You also have obviously never been laid off. Aren't you special :roll:

 

[Capt Caveman]

Originally posted by: dmcowen674

Originally posted by: Capt Caveman

Sounds like you have shit credit due to poor financial management.

I could care less what the interest rate is on my cards since I pay them off at the end of every month.

I have also never made a late payment on multiple credit cards, mortgages, etc.

I also have no limits on any of the credit card transfer offers I receive.

And I have received $1000s in cash back for using my credit cards.

You also have obviously never been laid off. Aren't you special :roll:

I was laid off a number of years ago during the telecomm bust. What did I do? Collected unemployment, got a roommate to help out with my mortgage, tapped into my savings, stopped spending money on my credit cards and looked for a job.

If you weren't such an unskilled kook, maybe you wouldn't get laid off so often.

 

[dmcowen674]

Originally posted by: Capt Caveman

Originally posted by: dmcowen674

Originally posted by: Capt Caveman

Sounds like you have shit credit due to poor financial management.

I could care less what the interest rate is on my cards since I pay them off at the end of every month.

I have also never made a late payment on multiple credit cards, mortgages, etc.

I also have no limits on any of the credit card transfer offers I receive.

And I have received $1000s in cash back for using my credit cards.

You also have obviously never been laid off. Aren't you special :roll:

I was laid off a number of years ago during the telecomm bust. What did I do? Collected unemployment, got a roommate to help out with my mortgage, tapped into my savings, stopped spending money on my credit cards and looked for a job.

If you weren't such an unskilled kook, maybe you wouldn't get laid off so often.

The anonymous coward strikes again :roll:

 

[Capt Caveman]

Originally posted by: dmcowen674

Originally posted by: Capt Caveman

Originally posted by: dmcowen674

Originally posted by: Capt Caveman

Sounds like you have shit credit due to poor financial management.

I could care less what the interest rate is on my cards since I pay them off at the end of every month.

I have also never made a late payment on multiple credit cards, mortgages, etc.

I also have no limits on any of the credit card transfer offers I receive.

And I have received $1000s in cash back for using my credit cards.

You also have obviously never been laid off. Aren't you special :roll:

I was laid off a number of years ago during the telecomm bust. What did I do? Collected unemployment, got a roommate to help out with my mortgage, tapped into my savings, stopped spending money on my credit cards and looked for a job.

If you weren't such an unskilled kook, maybe you wouldn't get laid off so often.

The anonymous coward strikes again :roll:

You semi-asked a question and I answered it dumbass. Sorry but I don't use the excuse of being laid off to neglect paying my bills, I'm prepared and I do something about it. Of course, a failure like you likes to use that excuse multiple times. Try and hold onto a job for once. Stop getting fired.

And coward, you still haven't told us where you contract at. Until you do so, try explaining what happened to your Next Stop $200 after OPEC announced a record oil reduction. And why don't you update your Oil/Gas thread with the latest news.

Oh wait, you can't admit that you were wrong again.

 

[TheSlamma]

Originally posted by: dmcowen674
The anonymous coward strikes again :roll:

What a bitch out response.

 

[dmcowen674]

Originally posted by: Capt Caveman

You semi-asked a question and I answered it dumbass. Sorry but I don't use the excuse of being laid off to neglect paying my bills, I'm prepared and I do something about it. Of course, a failure like you likes to use that excuse multiple times. Try and hold onto a job for once. Stop getting fired.

And coward, you still haven't told us where you contract at. Until you do so, try explaining what happened to your Next Stop $200 after OPEC announced a record oil reduction. And why don't you update your Oil/Gas thread with the latest news.

Oh wait, you can't admit that you were wrong again.

They will jack oil again. February contracts are heading towards $50 now.

The thread is current as it always is.

 

[Capt Caveman]

Originally posted by: dmcowen674

Originally posted by: Capt Caveman

You semi-asked a question and I answered it dumbass. Sorry but I don't use the excuse of being laid off to neglect paying my bills, I'm prepared and I do something about it. Of course, a failure like you likes to use that excuse multiple times. Try and hold onto a job for once. Stop getting fired.

And coward, you still haven't told us where you contract at. Until you do so, try explaining what happened to your Next Stop $200 after OPEC announced a record oil reduction. And why don't you update your Oil/Gas thread with the latest news.

Oh wait, you can't admit that you were wrong again.

They will jack oil again. February contracts are heading towards $50 now.

The thread is current as it always is.

Dave, where do you contract at? Or are you a coward?

 

[Fear No Evil]

Originally posted by: dmcowen674

Originally posted by: Capt Caveman

You semi-asked a question and I answered it dumbass. Sorry but I don't use the excuse of being laid off to neglect paying my bills, I'm prepared and I do something about it. Of course, a failure like you likes to use that excuse multiple times. Try and hold onto a job for once. Stop getting fired.

And coward, you still haven't told us where you contract at. Until you do so, try explaining what happened to your Next Stop $200 after OPEC announced a record oil reduction. And why don't you update your Oil/Gas thread with the latest news.

Oh wait, you can't admit that you were wrong again.

They will jack oil again. February contracts are heading towards $50 now.

The thread is current as it always is.

Your Messiah isn't going to keep gas prices down?!

 

[dmcowen674]

Originally posted by: Fear No Evil

Originally posted by: dmcowen674

Originally posted by: Capt Caveman

You semi-asked a question and I answered it dumbass. Sorry but I don't use the excuse of being laid off to neglect paying my bills, I'm prepared and I do something about it. Of course, a failure like you likes to use that excuse multiple times. Try and hold onto a job for once. Stop getting fired.

And coward, you still haven't told us where you contract at. Until you do so, try explaining what happened to your Next Stop $200 after OPEC announced a record oil reduction. And why don't you update your Oil/Gas thread with the latest news.

Oh wait, you can't admit that you were wrong again.

They will jack oil again. February contracts are heading towards $50 now.

The thread is current as it always is.

Your Messiah isn't going to keep gas prices down?!

We'll see after Jan 20

 

[dmcowen674]

Since Republicans in here blamed Clinton for the Dot-com bust will they blame this disaster on their hero Bush?

Of course not, they'll still say it's all Clinton's fault:

2-18-2008 Internet Valuations Sink Below Dot Com Bust Levels

How bad has it gotten for Internet companies?

Answer: It?s worse than the dot com bust in at least one important way!!!

Roddy Moon, senior vice president with investment bank Jefferies & Co., recently shared a chart with me showing that valuations of Internet companies have now sunk below the low values last seen during the dot com and telecom bust.

 

[EagleKeeper]

there is a difference between blaming a person for something that happened on their watch and stating that they are responsible for it.
The dot Com bubble burst under Clinton - but it was not his fault.

Most bubbles burst when there is noting underneath to support the price justifications.
It is usally greed that drives the bubble to expand before popping.

 

[StageLeft]

Since Republicans in here blamed Clinton for the Dot-com bust will they blame this disaster on their hero Bush?

Couple of problems in this statement:

1) Most Republicans did not blame and do not blame Clinton for the .com bust.
2) Most Republicans are dissapointed with Bush, and certainly very few hold a good enough opinion of him to call him their hero.

 

[dmcowen674]

1-1-2009 Microsoft planning big layoffs for January?

Mark January 15 in your calendar: Rumors of layoffs at Microsoft peg that as the day the bad news will come.

The latest to report on the possibility of layoffs at the software giant is the blog Fudzilla, which puts the number of job cuts at 15,000, or nearly 17 percent of Microsoft's worldwide operations. The January 15 date is a week before Microsoft's second-quarter earnings report, scheduled for January 22.

 

[Slew Foot]

I dont work in the tech industry but people tell me that the big Silicon Valley tech firms are letting go of their contract workers at a fairly rapid rate, true layoffs will come soon.

 

[WhipperSnapper]

Originally posted by: dmcowen674The latest to report on the possibility of layoffs at the software giant is the blog Fudzilla, which puts the number of job cuts at 15,000, or nearly 17 percent of Microsoft's worldwide operations. The January 15 date is a week before Microsoft's second-quarter earnings report, scheduled for January 22.

Do you think these people will be replaced by H-1B or L-1 visa holders or that Microsoft R&D facilities will open up in other countries?

 

[XZeroII]

Originally posted by: dmcowen674
1-1-2009 Microsoft planning big layoffs for January?

Mark January 15 in your calendar: Rumors of layoffs at Microsoft peg that as the day the bad news will come.

The latest to report on the possibility of layoffs at the software giant is the blog Fudzilla, which puts the number of job cuts at 15,000, or nearly 17 percent of Microsoft's worldwide operations. The January 15 date is a week before Microsoft's second-quarter earnings report, scheduled for January 22.

I bet you're happy as a clam. More people losing their jobs.

 

[TheSlamma]

Companies are spending less and Apple is taking shares from M$... Sorry it's not Clinton or Bush's fault Dave, this is how capitalism works. Lets also Add M$ is struggling to get Vista out there and companies are sick of the non-upgrade MUST migrate software like exchange 2007 and office communications server 2007 for example.